NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the senior student loan notes issued by
Louisiana Public Facilities Authority, Series 2011A at 'AAAsf'. The
Rating Outlooks on the senior notes, which are tied to the sovereign
rating of the U.S. government, remain Negative.

SENSITIVITY/RATING DRIVERS

The ratings on the notes are affirmed based on the sufficient level of
credit enhancement to cover the applicable risk factor stresses. Credit
enhancement for the notes consists of overcollateralization and
projected minimum excess spread.

Fitch has affirmed the following ratings:

Louisiana Public Facilities Authority, Series 2011A:

--Class A-1 at 'AAAsf'; Outlook Negative;

--Class A-2 at 'AAAsf'; Outlook Negative;

--Class A-3 at 'AAAsf'; Outlook Negative.

Additional information is available at 'www.fitchratings.com'.
The ratings above were solicited by, or on behalf of, the issuer, and
therefore, Fitch has been compensated for the provision of the ratings.

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